Is 11758, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 11758 has remained a Neutral Market.
Housing Prices in 11758, NY
How much do homes in 11758, NY cost?
Median Sold Price
$680,500
$399/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11758 was $680,500 in March 2024, up 3.7% from last year, and the median price per square foot was $399.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $510K | - | N/A |
2 Bedrooms | $565K | $590K | +4.4% |
3 Bedrooms | $620K | $655K | +5.6% |
4 Bedrooms | $684K | $705K | +3.1% |
5+ Bedrooms | $777K | $770K | -0.9% |
Summary: 11758 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 0.9%.
Housing Supply in 11758, NY
How many homes are available in 11758, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
152 | 168 | +10.5% |
Summary: The 11758 real estate market had 168 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 51 | 56 | +9.8% |
4 Bedrooms | 65 | 79 | +21.5% |
5+ Bedrooms | 31 | 27 | -12.9% |
Summary: The 11758 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes decreased by 12.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 27 | +22.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 11758 in March 2024, up by 22.7% month-over-month. Of the 27 sold homes, 41% were sold under asking, 11% were sold at asking, and 48% were sold over asking.
Days on Market for 11758, NY
How long does it take to sell a home in 11758, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 72 Days | +2.0% |
Summary: Homes in 11758 had an average of 72 days on market in Mar 2024, up by 2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 11758; 52% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.